Repositrak Stock Market Value
| TRAK Stock | 22.98 0.13 0.57% |
| Symbol | ReposiTrak |
ReposiTrak Price To Book Ratio
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ReposiTrak. If investors know ReposiTrak will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ReposiTrak listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.195 | Dividend Share 0.065 | Earnings Share 0.29 | Revenue Per Share 1.124 | Quarterly Revenue Growth 0.079 |
The market value of ReposiTrak is measured differently than its book value, which is the value of ReposiTrak that is recorded on the company's balance sheet. Investors also form their own opinion of ReposiTrak's value that differs from its market value or its book value, called intrinsic value, which is ReposiTrak's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ReposiTrak's market value can be influenced by many factors that don't directly affect ReposiTrak's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ReposiTrak's value and its price as these two are different measures arrived at by different means. Investors typically determine if ReposiTrak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ReposiTrak's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
ReposiTrak 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ReposiTrak's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ReposiTrak.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in ReposiTrak on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding ReposiTrak or generate 0.0% return on investment in ReposiTrak over 30 days. ReposiTrak is related to or competes with Perseus Mining, RBC Bearings, Jacobs Solutions, Newpark Resources, ChampionX, Simpson Manufacturing, and CECO Environmental. Dealertrack Technologies, Inc. offer Webbased software solutions and services to the automotive retail industry in the United States and Canada. More
ReposiTrak Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ReposiTrak's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ReposiTrak upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.7 | |||
| Information Ratio | 0.0774 | |||
| Maximum Drawdown | 15.01 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 4.21 |
ReposiTrak Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ReposiTrak's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ReposiTrak's standard deviation. In reality, there are many statistical measures that can use ReposiTrak historical prices to predict the future ReposiTrak's volatility.| Risk Adjusted Performance | 0.1078 | |||
| Jensen Alpha | 0.2205 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0723 | |||
| Treynor Ratio | 0.4025 |
ReposiTrak Backtested Returns
ReposiTrak appears to be not too volatile, given 3 months investment horizon. ReposiTrak maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ReposiTrak, which you can use to evaluate the volatility of the company. Please evaluate ReposiTrak's Semi Deviation of 2.42, coefficient of variation of 757.8, and Risk Adjusted Performance of 0.1078 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ReposiTrak holds a performance score of 10. The company holds a Beta of 0.8, which implies possible diversification benefits within a given portfolio. As returns on the market increase, ReposiTrak's returns are expected to increase less than the market. However, during the bear market, the loss of holding ReposiTrak is expected to be smaller as well. Please check ReposiTrak's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether ReposiTrak's historical price patterns will revert.
Auto-correlation | 0.30 |
Below average predictability
ReposiTrak has below average predictability. Overlapping area represents the amount of predictability between ReposiTrak time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ReposiTrak price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current ReposiTrak price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.33 |
ReposiTrak lagged returns against current returns
Autocorrelation, which is ReposiTrak stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ReposiTrak's stock expected returns. We can calculate the autocorrelation of ReposiTrak returns to help us make a trade decision. For example, suppose you find that ReposiTrak has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
ReposiTrak regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ReposiTrak stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ReposiTrak stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ReposiTrak stock over time.
Current vs Lagged Prices |
| Timeline |
ReposiTrak Lagged Returns
When evaluating ReposiTrak's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ReposiTrak stock have on its future price. ReposiTrak autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ReposiTrak autocorrelation shows the relationship between ReposiTrak stock current value and its past values and can show if there is a momentum factor associated with investing in ReposiTrak.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out ReposiTrak Correlation, ReposiTrak Volatility and ReposiTrak Alpha and Beta module to complement your research on ReposiTrak. For more information on how to buy ReposiTrak Stock please use our How to buy in ReposiTrak Stock guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
ReposiTrak technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.